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Sarsys AB (NGM:SARS) Cyclically Adjusted PS Ratio : 0.49 (As of May. 22, 2024)


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What is Sarsys AB Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Sarsys AB's current share price is kr2.40. Sarsys AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr4.94. Sarsys AB's Cyclically Adjusted PS Ratio for today is 0.49.

The historical rank and industry rank for Sarsys AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

NGM:SARS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.44   Max: 1.06
Current: 0.47

During the past 13 years, Sarsys AB's highest Cyclically Adjusted PS Ratio was 1.06. The lowest was 0.27. And the median was 0.44.

NGM:SARS's Cyclically Adjusted PS Ratio is ranked better than
73.74% of 1923 companies
in the Hardware industry
Industry Median: 1.06 vs NGM:SARS: 0.47

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sarsys AB's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr3.589. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is kr4.94 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sarsys AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sarsys AB's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sarsys AB Cyclically Adjusted PS Ratio Chart

Sarsys AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.05 0.64 0.27 0.36

Sarsys AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 - - - 0.36

Competitive Comparison of Sarsys AB's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Sarsys AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sarsys AB's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sarsys AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sarsys AB's Cyclically Adjusted PS Ratio falls into.



Sarsys AB Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Sarsys AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.40/4.94
=0.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sarsys AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sarsys AB's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.589/131.9118*131.9118
=3.589

Current CPI (Dec23) = 131.9118.

Sarsys AB Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.021 100.225 3.976
201512 2.385 100.276 3.137
201612 2.548 102.022 3.295
201712 4.747 103.793 6.033
201812 5.439 105.912 6.774
201912 8.025 107.766 9.823
202012 5.371 108.296 6.542
202112 2.747 112.486 3.221
202212 2.919 126.365 3.047
202312 3.589 131.912 3.589

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Sarsys AB  (NGM:SARS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Sarsys AB Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Sarsys AB's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sarsys AB (NGM:SARS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Piledalsvagen 51, Box 31, Kopingebro, SWE, 271 73
Sarsys AB formerly SARSYS-ASFT AB is a developer and manufacturer of Continuous Friction Measuring Equipment and provider of cutting-edge ITS and Road/Runway Weather Information System. ASTF products include Volvo XC60/V90 Friction Tester, VW Sharan Friction, Skoda Octavia Friction, T-5 Trailer Friction, and T2GO Friction Tester. SARSYS products include Sarsys Volvo Friction Tester (V90), Sarsys Opel Friction, Sarsys Friction Tester Transporter, and Sarsys Trailer Friction Tester. The products include computerized technology for monitoring factors such as friction, freezing points, early ice warning-systems, precipitation, groundfrost, ice deposit growth, camera-surveillance systems among others.

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